51 Fourth Street Welland, Ontario L3B 4X7
$524,900
One-of-a-Kind Opportunity! This exceptional detached property offers two fully self-contained homes on one deep, private lot, making it ideal for investors, multi-generational living, or owner-occupiers seeking additional income. The main two-storey residence features 2 bedrooms, 1 bathroom, and approximately 1,005 sq. ft. of well-maintained living space, along with a full, high, dry basement. Year-round comfort is provided by a high-efficiency Keeprite furnace and2-ton central air conditioning. Privately situated at the rear, the separate guest house /in-law suite / auxiliary apartment offers 2 bedrooms, 1 bathroom, and 594 sq. ft. of bright living space with direct garden access. It is heated by a gas space heater and cooled by a window air-conditioning unit, creating a comfortable and independent living environment. Both homes have been exceptionally well cared for and maintained by excellent tenants, reflecting true pride of ownership. The property features outstanding landscaping on a deep, private lot and includes a custom shed/man cave/workshop as well as a custom potting shed. The lot presents outstanding future potential, including the possibility of redevelopment into a 4-plex, 6-plex,or other multi-family configuration (buyer to verify). Additional features include separate hydro breakers, two separate gas meters, and two hot water tanks (rentals). Outdoor living is enhanced by a two-tier rear deck, covered front veranda, and a private deck for the guesthouse. A paved double driveway provides parking for up to six vehicles. Live in one and rent the other, rent both, or explore redevelopment opportunities. This truly unique, multi-opportunity property should not be missed. (id:56248)
Property Details
| MLS® Number | X12645434 |
| Property Type | Single Family |
| Community Name | 773 - Lincoln/Crowland |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | All |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding |
| Flooring Type | Laminate |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 165 Ft ,8 In |
| Size Frontage | 51 Ft ,6 In |
| Size Irregular | 51.5 X 165.7 Ft |
| Size Total Text | 51.5 X 165.7 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 3 | 3.67 m | 2.63 m | 3.67 m x 2.63 m |
| Second Level | Bedroom 4 | 3.06 m | 4.77 m | 3.06 m x 4.77 m |
| Basement | Cold Room | 3.06 m | 4.77 m | 3.06 m x 4.77 m |
| Main Level | Kitchen | 3.14 m | 3.14 m | 3.14 m x 3.14 m |
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Bathroom | Measurements not available | ||
| Main Level | Living Room | 7.03 m | 4.66 m | 7.03 m x 4.66 m |
| Main Level | Kitchen | 7.03 m | 2.89 m | 7.03 m x 2.89 m |
| Main Level | Living Room | 3.52 m | 3.75 m | 3.52 m x 3.75 m |
| Main Level | Primary Bedroom | 4.03 m | 2.81 m | 4.03 m x 2.81 m |
| Main Level | Bedroom 2 | 3.6 m | 2.78 m | 3.6 m x 2.78 m |
| Main Level | Other | 3.72 m | 1.39 m | 3.72 m x 1.39 m |
Interested?
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December 21 2025 08:18:05
Toronto Regional Real Estate Board
Royal LePage Signature Realty